Every year thousands of young adults and mature students in the United Kingdom, who have completed their A Levels and Access to Higher Education courses leave home and embark upon the journey into university life. There are loans in place to help assist you with the essential materials needed for your course and living.
This year the Student loans Comapny (SLC) was his by maijor problems an estimateof 50,000 students were yet to recieve their loans in time for the start of the academic year and universities all around the country were forced to dish out emergency loans to those who were waiting for their maintenence loans. The student loans company in general suffered a backlog in the system and were still processing loans which had previously been applied for months ago.
Many students who applied for a maintenence loan before the deadline were deeply affected by the overall sittuation some students had to defer a years worth of education due to the late payments. Ralf Seymour-Jackson of the Student Loans Company and the Higher Education Minister David Lammy personally apologised to any students in the United Kingdom who were affected by the overall situation and stated that they were doing everything in their power to make sure that the loans would be processed around the start of the academic term.
Here is a link to an article which was published on the BBC News Education Website on Thursday 17th September 2009 it discribes in deph the problems and the issues in which the educational system was facing at the time.
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